Welcome to our dedicated page for Currenc Group news (Ticker: CURR), a resource for investors and traders seeking the latest updates and insights on Currenc Group stock.
Currenc Group Inc. (Nasdaq: CURR) regularly issues news updates that describe its activities as a fintech company focused on artificial intelligence (AI) solutions for financial institutions and digital remittance services. Its press releases cover both operational developments and corporate transactions, providing context for investors and other readers who follow CURR news.
Readers of this news feed can expect coverage of financial results, including quarterly and half-year reports that discuss Total Processing Value (TPV) through Tranglo, remittance revenues, airtime revenues, gross margin and EBITDA. These releases often include management commentary on remittance performance, shifts away from lower-margin airtime transfers and the expansion of AI initiatives.
Currenc’s news also highlights strategic and capital-structure actions. Examples in the supplied disclosures include a proposed reverse merger with Animoca Brands Corporation Limited, a definitive agreement to divest its 60% controlling interest in Tranglo to New Margin Holding Limited, convertible note financings with warrants, and a shares-for-debt transaction in which related party loans were converted into equity. Such announcements describe how the company intends to reshape its business mix, reduce debt and support AI, Web3 and digital assets initiatives.
Additional news items address governance and leadership, such as CEO transitions and amendments to executive employment agreements, as well as steps the company has taken to monitor potential naked short selling in its stock. Together, these categories of news provide insight into how Currenc presents its operational performance, strategic direction and shareholder-related actions over time.
Investors and observers who follow CURR news can use this stream of press releases to track updates on remittance operations, AI product development, proposed corporate combinations and financing arrangements as described directly by the company in its public communications.
Currenc Group (Nasdaq: CURR) received a Nasdaq Annual Meeting Deficiency Letter dated January 12, 2026, notifying the company that it has not held an annual meeting of shareholders within 12 months of its fiscal year end and is therefore not in compliance with Nasdaq Listing Rules 5620(a), 5810(c)(2)(G) and IM-5620. The company disclosed the letter on January 13, 2026, and Nasdaq said the notice has no immediate effect on listing or trading. Currenc has 45 calendar days from January 12, 2026 to submit a plan to regain compliance and expects to consult with Nasdaq about whether its scheduled extraordinary general meeting on February 25, 2026 will restore compliance. If Nasdaq accepts the plan, it may grant an exception up to 180 days from fiscal year end, or until June 29, 2026, to regain compliance.
Currenc Group (Nasdaq: CURR) announced that its subsidiary Seamless Group has signed a definitive agreement to sell its 60% controlling stake in Tranglo for an aggregate US$400 million in cash to New Margin Holding Limited, payable in two installments: US$200 million at closing and US$200 million within 90 days. Tranglo operates a global payments network with 5,000+ bank connections and 140,000+ cash pickup points. Currenc plans to use proceeds to reduce debt and support its spin-off, AI, Web3 and digital assets roadmap. Completion is subject to customary regulatory approvals and shareholder processes.
Currenc Group (Nasdaq: CURR) reported first-half 2025 results for the six months ended June 30, 2025. Total Processing Value (Tranglo) was US$2.8 billion, down 5.8% year-over-year. Total revenue excluding TNG Asia and GEA was US$18.8 million, a 10.8% decline driven by a 19% drop in global airtime and a 21% drop in Indonesian airtime.
Remittance revenue was US$9.8 million (down 0.3%). Gross margin held at 34.3%. Operating expenses rose to US$15.1 million from US$11.0 million, including US$4.3 million in incentive-share expense and US$1.5 million invested in AI initiatives. Net loss was US$9.5 million; EBITDA loss was US$6.2 million. Tranglo and WalletKu combined EBITDA was US$1.7 million.
True Global Ventures (CURR) marked two U.S. milestones on Nov 11, 2025: Forge Global agreed to be acquired by Charles Schwab for approximately $660 million (about $45/sh), and Animoca Brands proposed a merger with Currenc Group Inc. (Nasdaq: CURR) that would leave Animoca shareholders with ~95% of the combined company and target completion in H2 2026, creating a Nasdaq-listed entity.
Both events highlight TGV's long-term investments in private-markets liquidity and digital-asset infrastructure and follow TGV's recent LFMC/CMS license grant from the Monetary Authority of Singapore.
Currenc Group (Nasdaq: CURR) reported unaudited results for Q3 2025 ended Sept 30, 2025. Tranglo TPV rose 10.1% year‑over‑year to US$1.41B, and remittance revenue (ex-TNG Asia/GEA) grew 54.8% to US$7.0M. Total revenue excluding divested units was US$10.4M, down 3.9% YoY, driven by a 12.3% decline in global airtime revenue and a large drop in local airtime. Gross profit margin expanded to 50.8% from 27.8% and direct costs fell 37%. Operating expenses were US$0.5M vs US$19.1M a year earlier. Group EBITDA was US$3.6M for the quarter.
Currenc Group (Nasdaq: CURR) entered a non-binding term sheet to acquire 100% of Animoca Brands via a proposed reverse merger, creating a Nasdaq-listed digital assets conglomerate focused on digital asset investments, RWA tokenization, and blockchain applications.
Under the proposal Animoca shareholders would own ~95% of the combined company and Currenc shareholders ~5%; Currenc expects to authorize a dual-class share structure and the resulting entity would operate under the Animoca Brands name. Closing is expected in 2026, subject to due diligence, definitive agreements, shareholder and regulatory approvals, and stock exchange consents. Currenc intends to spin off its AI and remittance businesses to current shareholders prior to closing.
Currenc (Nasdaq: CURR) agreed to issue up to $33.0 million unsecured convertible notes due October 8, 2027, which after fees would provide $30.0 million if fully funded. An initial $4.4 million principal closed with $4.0 million net proceeds. Notes bear 5.00% interest, convert at an initial $1.85 per share, include 50% warrant coverage at $1.85, and carry a 10% prepayment premium. Proceeds will be used for general corporate purposes. The company will file a registration statement within 60 days after each closing.
Currenc Group (Nasdaq: CURR), a fintech company specializing in AI solutions for financial institutions, announced a significant leadership change. Founder and Executive Chairman Alex Kong will return as CEO, replacing Dr. Ronnie Hui who has stepped down from the position.
Kong, who previously served as CEO, will focus on accelerating the company's growth initiatives and expanding its global AI ecosystem. The transition aims to strengthen Currenc's position in digital remittance and AI-powered financial solutions, building upon Dr. Hui's contributions during his tenure.
Currenc Group (Nasdaq: CURR) announced a significant $54.6 million Shares-for-Debt Transaction with its Founder and Executive Chairman, Alex Kong, and controlling shareholder Regal Planet Limited. The company will issue 35,653,995 ordinary shares at $1.53 per share to settle outstanding related party loans totaling approximately $54.55 million.
The transaction will completely eliminate the debt owed to Kong and Regal Planet from Currenc's balance sheet. The conversion price of $1.53 per share was based on Nasdaq's closing price prior to the agreement. The shares will be issued under Securities Act exemption and are subject to resale restrictions.
Currenc Group (Nasdaq: CURR) announced a significant $54.6 million Shares-for-Debt Transaction with its Founder and Executive Chairman, Alex Kong, and Regal Planet Limited. The transaction involves issuing 35,653,995 ordinary shares to settle approximately $54.5 million in outstanding related party loans as of July 22, 2025.
The strategic move completely eliminates these debts from Currenc's balance sheet while aligning the Chairman's interests with shareholders. The shares were issued under Securities Act exemption and are subject to resale restrictions. This transaction demonstrates the Executive Chairman's confidence in the fintech company's future growth prospects.
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